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Economy Watch · Sep 22, 2026 · 4m

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Kia ora.

Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.

I'm David Chaston and this is the international edition from interest.co.nz.

Today we lead with news inflation's pressures are building everywhere, even if oil prices took a small dip today.

But first, overnight there was a Pulse dairy auction where prices dipped marginally in USD except for SMP, but were all higher in NZD, although this too was only marginal.

In the US, the ADP weekly jobs data rose to an…